This is a snapshot of the $USDC /USDT trading pair, showing a stablecoin-to-stablecoin trade, typically used for arbitrage or liquidity movement. Here’s a summary of the key insights:
Price & Volatility
Current Price: 1.0001 USDT per $USDC — close to 1:1 peg.
24h High/Low: 1.0003 / 0.9998 — very narrow range, showing low volatility.
24h Volume: 2.46B for both $USDC and USDT — indicates high liquidity.
Indicators
SAR (0.02, 0.2): 1.0002 — currently suggesting a mild uptrend.
RSI (6): 56.28 — neutral-to-bullish (above 50 is usually bullish).
MACD, BOLL, EMA: Not detailed here, but if MACD is above the signal line and BOLL bands are tight, this supports stability.
Returns
Today: +0.03%
7D to 1Y: Fluctuations between -0.06% and +0.07% — extremely minor, showing typical behavior of stablecoins.
Use Case
This pair is ideal for:
Low-risk arbitrage
Stable liquidity movement
Hedging against volatility in other pairs